MG261 Business Law II

for U1R 2008

Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.

Course

MG 261 Business Law II

Semester

U1R 2008 SC

Faculty

Hollingsworth, Teresa K.

Title

Adjunct Faculty

Degrees/Certificates

B.S. Computer Science, USAF AcademyM.B.A. Troy State University at MontgomeyJ.D. University of Florida; LL.M., George Washington University

Course Description:A continuation of the study of contract, agency, employment, and negotiable instruments; comparison of social responsibility and legal aspects of selected issues.3:0:3

Educational Philosophy:

To utilize various teaching techniques and presentation styles to maximize the opportunity for students to explore, learn and remember foundational legal concepts and apply them effectively to the business world environment.To emphasize development of communication skills and critical thinking ability by encouraging students to actively participate in discussions, debates and in-depth analysis of case studies and issues.

Learning Outcomes:Core Learning Outcomes

Describe the relationship between agent and principal

Distinguish between the rights and liabilities of business owners, whether partners, members or shareholders.

Identify areas where the internet has affected the law as it relates to contracting, employment and intellectual property.

Core Assessment:

All ParkUniversity courses must include a core assessment that measures the course's Core Learning Outcomes. The purpose of this assessment is to determine if expectations have been met concerning mastery of learning outcomes across all instructional modalities.

For this course, the core assessment is a Comprehensive Final Examination to be administered in all sections of MG 261. This exam is worth at least 30 percent of the student's final grade and will test students' mastery of the Core Learning Outcomes (as listed on this syllabus) through definitions, essay, and/or multiple choice questions.

This core assessment is a CLOSED BOOK, CLOSED NOTES comprehensive examination that must be administered and proctored in the classroom and is not to be given as a take-home examination. Students should not have access to the exam or its questions before it is administered. The duration of the exam can be no longer than two hours.

No computers, or materials other than a writing instrument and a calculator without text functions and communication may be used for the exam; this applies to all students, regardless of whether the exam is for on-line or face-to-face students. Completion of the exam is strictly individual; students may not work in groups to complete the exam.

One written case brief (2-3 pages single-spaced) and one 5 to 7 minute oral presentation on a current event pertaining to the course materials.

Two Exams: The mid-term exam and comprehensive final are not take-home tests. Both exams are closed book and closed notes exams.

Grading:

Case Brief: 20 points (10%)

Oral Presentation: 20 points (10%)

Mid-term Exam: 70 points (35%)

Core Assessment: 70 points (35%)

Class Participation:20 points (10%)

Total: 200 points 100 %

Note:Attendance, class discussion of assigned problems, and no-notice quizzes will be used to determine the class participation score.

Course Grading Scale:

A = 90-100%

B = 80-89%

C = 70-79%

D = 60-69%

F = <60%

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business and Management courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business and Management.

Late Submission of Course Materials: Generally, late work will be reduced in grade by one letter grade for each day late. Extensions may be available for extenuating circumstances, to be determined by the instructor on a case-by-case basis.

Course Topic/Dates/Assignments:

Lesson 1: Chapter 8, Intellectual Property and Unfair Competition, pp. 234-268. Be ready to discuss problems 1, 3, 5, and 10 at the end of the chapter.

Lesson 2: Chapter 23, Personal Property and Bailments, pp. 560-583. Be ready to discuss problems 2, 5, 6, 8, and 9 at the end of the chapter.

Lesson 3: Chapter 35, The Agency Relationship, pp. 856-869. Be ready to discuss problems 1, 2, 8, and 9 at the end of the chapter.

Lesson 4: Chapter 36, Third-Party Relations of the Principal and the Agent, pp. 873-887. Be ready to discuss problems 1, 6, 8, 10, and 11 at the end of the chapter. In class: You Be The Judge, Agency (Disc 2, #8).

Lesson 5: Chapter 30, Bankruptcy, pp. 736-768. Be ready to discuss problems 1, 2, 3, 7 and 8 at the end of the chapter.

Lesson 6: Chapter 37, Partnerships, pp. 892-908. Be ready to discuss problems 2, 3, 4, 5, 7, and 9 at the end of the chapter. In class: You Be The Judge, Partnerships (Disc 1, #5);

Lesson 7: Chapter 38, Operation of Partnerships and Related Forms, pp. 911-924. Be ready to discuss problems 2, 4, 7, and 9 at the end of the chapter. Review for Mid Term. Case Briefs Due at beginning of class.

Lesson 8: Mid Term Exam

Lesson 9: Chapter 39, Partners’ Dissociation and Partnerships’ Dissolution and Winding Up, pp. 928-942. Be ready to discuss problems 3, 4, 5, 8, and 10 at the end of the chapter.

Lesson 10: Chapter 41, History and Nature of Corporations, pp. 968-982. Be ready to discuss problems 1, 3, 5, 7, and 11 at the end of the chapter.

Lesson 11: Chapter 43, Management of Corporations, pp. 1005-1033. Be ready to discuss problems 3, 5, and 11 at the end of the chapter.

Lesson 12: Chapter 46, Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals, pp. 1107-1138. Be ready to discuss problems 6, 8, 9, and 10 at the end of the chapter.

Lesson 13: Chapter 51, Employment Law, pp. 1250-1282. Be ready to discuss problems 6, 7, and 9 at the end of the chapter.

Lesson 14: Chapter 48, The Federal Trade Commission Act and Consumer Protection Laws, 1168-1188. Be ready to discuss problems 1, 4, 5, 9, 10 and 11 at the end of the chapter. Oral Presentations on Current Events.

Lesson 15: Finish Oral Presentations. Comprehensive Review.

Lesson 16: Final Exam

Academic Honesty:Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University 2007-2008 Undergraduate Catalog Page 85-86

Plagiarism:Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2007-2008 Undergraduate Catalog Page 85

The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.

Work missed through unexcused absences must also be made up within the semester/term of enrollment.

Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.

In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".

A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.

Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.

Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Disability Guidelines:Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .

Rubric

Competency

Exceeds Expectation (3)

Meets Expectation (2)

Does Not Meet Expectation (1)

No Evidence (0)

Synthesis OutcomesDescribe the relationship between agent and principal.

Thoroughly describes the relationship, clearly stating the distinctions between agent and principal.

Describes succinctly and clearly the relation.

Does not clearly describe or distinguish between the two parties.

No response or no pertinent information related to agent-principal relations.

Analysis Outcomes8. Identify areas where the internet has affected the law as it relates to contracting, employment and intellectual property.

Identifies, describes, and provides examples of how law impacts contracting, employment, and intellectual property protection.

Identifies, describes, and provides examples of how law impacts contracting, employment, and intellectual property protection.

Does not clearly identify areas.

No response or no pertinent information related to agent-principal relations.

Evaluation OutcomesIdentify and describe some of the consumer protection laws.Examine the types of business associations.

Identifies and describes many (more than four) consumer protection laws.

States and describes several types of business associations and provides a thorough description of each type.

Identifies and describes at least two areas.

Identifies and discusses two types of business associations.

Does not clearly identify two or more laws.

Does not identify and examine at least two types of business associations.

No response or no pertinent information related to consumer protection laws.

No response or no pertinent information related to business associations.

Terminology OutcomesExamine the types of business associations.Define and give examples of types of intellectual property.

States and describes several types of business associations and provides a thorough description of each type.

Clearly define each type of intellectual property and submit examples.

Identifies and discusses two types of business associations.

Provides a simple, clear definition of two types of intellectual property.

Does not identify and examine at least two types of business associations.

No response or no pertinent information related to business associations.